Actuarial Science

Actuarial Science scholars ask questions such as: How is the premium rate for flood insurance calculated? Can an insurance company cover all of their claims? What is the value of a company’s pension commitments?

Actuarial Science is concerned with the construction of models and solutions for financial, business, and societal problems involving uncertain future events. During the course of your studies, much of your learning will occur while actively working on problems in class and during tutorials. By exploring the complicated world of financial risk, this degree will equip you with the fundamental and practical tools you’ll need to assess and forecast risk in order to make sound financial decisions.

Program highlights

• Collaborative team work - Interact with your peers while learning to collaborate on projects.
• Practical research opportunities - Gain hands-on experience learning techniques and using tools to address real-world issues.
• Mentorship opportunities - A formal or informal relationship where you connect with, and learn from, an established professional.
• Honours Degree - In-depth study of a specific topic completed under the supervision of a faculty member.

Career opportunities

​Actuaries have global opportunities to work in areas such as:

• insurance
• employee benefits and pensions
• quantitative finance
• management consulting

A degree in Actuarial Science can also be used as a stepping-stone to graduate studies or another professional degree such as law, medicine, veterinary medicine, or architecture.